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Investment signal

$424,990

2 WILLOW Street Unit# 71

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Beds

Baths

Sqft

—

Year

2022

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Paris. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

5 Reasons you will LOVE 71 - 2 Willow St! 1) This is a single level unit, giving you easy access to your home! 2) There is absolutely no carpet in this home, so cleaning is easy and allergens are minimized! 3) Situated right next to the beautiful Grand River and plenty of walking trails, so nature walks are just a few steps away! 4) Immediate access to Dundas St E, a major artery of Paris. 5) There are several schools in the area for children of all ages. BONUS REASON: This can be your turn-key investment property! (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: 2106 - Green Lane Park
Common interest: Condo/Strata
Living area: 972 square feet
Bedrooms: 2 above grade, 0 below grade
Parking: 2 total
Condo/HOA fee: $276.93 monthly
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $2,817.18
Zoning: M3 (S)
Photos: 28
MLS#: 40823272
Area: PARIS

Features and systems

Parking

Attached Garage

Basement

None

Appliances

WasherRefrigeratorWater softenerDishwasherDryerWindow Coverings

Heating

Forced air

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Lot

Visual exposureBalcony

Community

Quiet Area

Fee includes

LandscapingProperty ManagementInsuranceParking

Negative cash flow ~$510/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-7.20%

Cap rate

3.42%

GRM

16.7

Break-even rent

$2,662

Financing

Down payment$84,998

Loan amount$339,992

Mortgage$1,723/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$195

Insurance$80

Maintenance$354

CapEx reserve$177

Vacancy loss$106

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,723/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.